FraudTalk is a blog focused on the review and discussion of recent significant cases of fraud, corruption and employee misconduct - particularly major embezzlement cases in the US. Fraud Talk is published by Chris Marquet, Chairman & CEO of Marquet International Ltd., an international investigations, litigation support and due diligence firm.

Saturday, February 28, 2009

CFO In Pennsylvania Is Charged With Embezzling $386K

Robert Joseph Nawn Jr., of Havertown, Pennsylvania, was arrested and charged yesterday for allegedly embezzling some $386,000 from Delta-T Group, for which he served as the chief financial officer. According to investigators, Nawn, who had complete access to the company's accounting system and bank account access, used company vendor ID numbers to create fake invoices that were paid by the company and the funds deposited into his own account. In all, Nawn alleged caused 133 fraudulent checks to be issued. Specifically, he was charged with five counts each of theft by unlawful taking, theft by deception, receiving stolen property, forgery, identity theft, criminal use of communication facility, and unlawful use of computer and other computer crimes.

About the Author - Chris Marquet

Chris Marquet is President, Investigative Services with SunBlock Systems, an investigations, litigation support, computer forensics & cyber security firm. Chris has over 34 years of professional experience in industry with Marquet International and prior stints with Kroll Associates, Citigate Global Intelligence and Decision Strategies/Vance International.
Chris is the author of many articles and white papers, including the annual Marquet Report on Embezzlement as well as the Marquet Report on Ponzi Schemes. He has lectured extensively on subjects relating to employee misconduct; due diligence; business intelligence, internal investigations, fraud, employee integrity, workplace violence, kidnapping, terrorism, crisis management and travel security.
Chris is a Certified Board Advisor and Board Member for the Center for Strategic Business Integrity. He received an A.B. degree from Dartmouth College in 1983, with a triple major in Physics, Economics, and Philosophy.
He can be reached at cmarquet@sunblocksystems.com